A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite … inter-war period, we are able to estimate the elasticity of supply to the firm during several recessions and expansions. Our … analysis suggests that the elasticity is indeed lower during recessions, consistent with the comparative statics from the …

labor supply elasticity. For this purpose, we extend the standard labor market matching model to allow for endogenous … correlation of unemployment and GDP, implies an aggregate labor supply elasticity along the extensive margin of around 0.3 for men … participation ; labor supply elasticity …

Stochastic shocks to aggregate labor supply elasticity are introduced into a real-business-cycle setup augmented with a … board arrange-ment (1999-2018). The quantitative importance of a stochastic aggregate labor supply elasticity parameter is … the variability of hours, and lowers the correlation between hours and wages, and thus is found to be quantitatively …

Wie interagieren öffentliche Finanzen und Wirtschaftswachstum in Deutschland? Und welchen Einfluss haben diese … in Deutschland zu schließen. Er findet bei Gewinnsteuerelastizitäten starke Schwankungen über den Zeitablauf. Und … decisive for ruining the sustainability of public finances in Germany and how a debt brake could bring them back on a …

measures for the United States, Germany, and the United Kingdom over the period 1980Q1 to 2018Q2. Employing Romer and Romer … extant literature. Furthermore, we estimate state-dependent elasticities. Our conclusions are as follows. (i) In Germany and …